616 2 Avenue West Av, Hanna

Motel/Hotel Property for Sale

616 2 Avenue West Av, Hanna, MLS® # C4253833
  • MLS®#: C4253833
  • Price: $3,995,000
  • Status: Active
  • Year Built: 1978
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Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

BIG PRICE REDUCTION! Days Inn (upon new owner's qualification with Days Inn) would love to have this location in their chain.OWNER RETIRING. Great well maintained Motor Inn and business. Five + income streams including: 81 rooms, Full Service Restaurant, VLT (8) Lounge, Pub and popular Liquor Store. The property is at the crossroads of two alternative routes, Highway 9 (east/west) and the only heavy equipment highway #36 (north/south). Hanna is a developing regional center with all amenities including a K-12 school, two seniors lodges, a world class dental clinic, a regional hospital and four doctors. The hotel is extremely well supported by the local and tertiary community. Because it is a regional centre, it draws from a widely expanded market reach. Occupancy numbers and revenue are rising. Former appraisal was $7.2-$7.9 million. Owner is retiring for reasons he will disclose. Price is extremely reasonable at $49,320 per key (door) FULL BROCHURE IS AVAILABLE

Contact Ryan & Dennis Shandruk About MLS® C4253833

Required Field

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: C4253833
  • Year Built: 1978
  • Lot Size: 3.80 sq.ft.
  • Total Floor Area: 44,238 sq.ft
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Community Information

  • Address: 616 2 AVENUE WEST AV
  • Neighbourhood: Hanna
  • City: Hanna
  • Postal Code: T0J 1P0
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exterior

  • Exterior Features: Flat Site, Highway Access, Highway Frontage, Landscaped, Pylon/Sign, Shopping Nearby
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$3,995,000

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Listing Courtesy of
ROYAL LEPAGE MISSION REAL ESTATE
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